SaxoTV

Berger: Dax relief rally is all about bonds and here's why

630 views
June 11, 2015 bond, bond buy, bond buying, bond investing, bond investment, bond investors, bond market, bond markets, bond portfolio, bond purchase, bond purchases, bond strategy, bond yield, bond yields, bondbuying, bondmarket, bonds, bonds and equties, bonds market, bonds to equities, bonds update, bonds v equities, dax, dax downward trends, dax index, dax index trends, dax price, dax rally, dax record high, dax support, dax support levels, dax target, dax trading, equities, equities trading, equity, equity index, equity market, equity markets, equity portfolio, equity portfolios, equity research, equity strategy, equity trading, greece, greece bailout, greece crisis, greece debt, greece debt crisis, greece european union, greece germany, greece money, greek, greek bailout, greek bonds, greek crisis, greek debt, greek economy, greek finance minister, greek negotiations, greek talks, greekdebt, green investments, greexit, grexit, long, long positions, saxo, saxo bank, saxo tv, short, steady trader, trading, tradingfloor, tradingfloor.com, yield, yield levels, yield spread, yields, yields levels
Wednesday saw the Dax pick up after it entered a correction earlier this week. Serge Berger, known as the Steady Trader, says it's primarily linked to the volatility in the bond market which has bounced off the lows.

Berger also touches on Greece which he thinks is more of a short-term market movement indicator than anything else.

Earlier this week, Serge discussed why he was shorting the Dax and looking to buy the dips. He closed that position on Tuesday and says he is now long the Dax and expecting a bounce later this month or early next.